China can increase soybean imports from other countries to reduce its reliance on the United States, the boss of a state-owned grain trader said on Wednesday. Photo: AP

China can turn to South America to replace US soybean imports, industry chief says

Comments by Cofco president Yu Xubo come as concerns grow that tariffs applied on US goods will inflate costs for farmers, raise retail prices

Topic |   US-China trade war

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China can increase soybean imports from other countries to reduce its reliance on the United States, the boss of a state-owned grain trader said on Wednesday. Photo: AP
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